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EU politicians are using the Covid-19 epidemic as a protection against the vaccine and face, according to one European expert.
Jacob Wallenberg, a Swedish business leader whose family controls high prices in companies from AstraZeneca and Ericsson to ABB and Nasdaq, told the Financial Times that the vaccine has worked well because it is “worldwide”, with more masks coming from in China.
Using this as an “excuse for recovery is excessive”, he said. “When I listen to politicians I hear about the idea of restoration, the idea that Europe needs to do more at home. My concern is that you can have more defensive habits.”
The European Commission and the leading politicians have called for the EU to have “autonomy” in the region and other trade sectors to ensure the region has a chain of independence.
Speaking as head of the committee on trade and access to the European Round Table for Industry – a group of 60 top leaders and chairpersons from across Africa – Wallenberg warned that the process was in jeopardy of global barriers to action, which has really helped Europe is accompanying the plague.
“There have been talks to start vaccinating in every country, including mine,” said a Swedish industrialist. “I think the vaccine was supported on a global scale and that is why we received the vaccine as quickly as we did. Of course, avoiding independence is crucial. ”
France’s idea of the first plague of millions of face masks exported to other EU countries by Mölnlycke, a Wallenberg family company, shocked the Swedish economy and the Swedish government.
In May the European Commission unveiled a series of reforms for its companies, seeking to address the crisis. The commission identified 137 items in the world’s most advanced ecosystems – such as raw materials, batteries, pharmaceuticals, hydrogen, semiconductors and cloud technologies – while the EU relied heavily on exports from third countries, mainly China.
In a report to be published Monday, the European Round Table warns that any intervention that would promote the survival of European chains – even on key issues – “should be different, not legal”.
It calls for greater transparency in European trading companies, as well as greater engagement with companies over China’s integration, although there have been many challenges in reducing Hong Kong and human rights abuses in Xinjiang.
Earlier this year, the Wallenberg family’s interests were taken seriously in banning Sweden from using 5G networks in Huawei.
Wallenberg, who publicly criticized the Swedish ban on Huawei, said the only way to improve “is to find common ground” with China. As the second largest economy in the world, China was “the most important partner among us”, he said. “Another way, stop doing this. . . it is a major change in the world. ”
However, he added that the EU must be prepared to protect its companies from unfair treatment. “I think it is important for the EU to be strong and that it represents this,” he said.
Wallenberg welcomed European efforts to better monitor foreign exchange.
“I think it is appropriate that we have such weapons. I think it’s a matter of making sure you can use the game, “he said. “If things don’t work out. . . Obviously there must be an outcome. ”
The European Round Table has called on Brussels to form a coalition to end China’s ties.
He stressed that while the US remains an important ally, Europe should not “copy and lie” the extremist views taken by Washington on the issue of relations with China. Europe had to “stand on its own”, he said.
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